TORONTO, ON--(Marketwired - August 15, 2016) - Big 8 Split Inc. (the "Company") announced today that it has declared a quarterly dividend of $0.1125 per Class D Preferred Share. In addition, a quarterly dividend on its Class D Capital Shares was declared of $0.0430 per Class D Capital Share. The dividends on both the Class D Preferred Shares and Class D Capital Shares are payable on September 15, 2016 to holders of record on August 31, 2016.

The Company was established to generate dividend income for the Class D Preferred Shares, while providing holders of the Class D Capital Shares with a leveraged opportunity to participate in capital appreciation from a portfolio of common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, The Toronto-Dominion Bank, Great-West Lifeco Inc., Manulife Financial Corporation and Sun Life Financial Inc. Information concerning Big 8 Split Inc. is available on our website at www.timbercreek.com/investments/managed-companies/big8-split-inc/overview

The Class D Capital Shares and Class D Preferred Shares of Big 8 Split are listed on the Toronto Stock Exchange under the symbols BIG.D and BIG.PR.D respectively.